Samer is requesting a loan from Al Majmoua, a Kiva partner. This is his fourth loan with a perfect history of paying back his earlier loans. All previous loans reflected perfectly on both his social and financial situations. This loan will be used to do necessary maintenance to his bus, which is an important source of living for him.
Samer also has another business to run just like most of the Lebanese do these days to make their living. He transports water to most of the villages and villagers who suffer from water stinginess.
He hopes he can stay healthy and active to continue providing his family the best living he can afford.
About Al Majmoua – Lebanese Association for DevelopmentThe Lebanese Association for Development – Al Majmoua is Lebanon’s leading microfinance institution and the oldest Kiva partner in Lebanon. Al Majmoua’s vision is to “be the leader in creating an inclusive financial system where all people in Lebanon have access to affordable services.” Given Lebanon's diverse population, Al Majmoua lends to all nationalities, provided legal residency. The strong financial position achieved to date has allowed Al Majmoua to steadily lower its pricing over the years.
Based on the belief that non-financial services play a complementary role in improving the quality of life of the most vulnerable entrepreneurs, Al Majmoua has established a solid Business Development Services program for both borrowers and non-borrowers with a focus on women and youth.
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